Recently, the trend of altcoins has been really frustrating. There are no good opportunities for shorting, and going long is easily crushed. The entire market's liquidity seems to have evaporated; even if you see a promising chart pattern for a certain coin, the whales just dump without giving any reaction time.
Strangely, these whales only hold a few million, so how can they force a dump? Where has the liquidity gone? Seemingly good trading opportunities often turn into traps for being caught. Going long gets you hammered, and shorting is also futile.
Rather than saying this is just market behavior, it's more like a manipulated trap. Traders are stuck in a dilemma—chasing highs easily gets them harvested, and catching bottoms is impossible. This playbook of altcoins is squeezing the survival space for retail and small-scale traders, and if this continues, market activity will only keep declining.
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Recently, the trend of altcoins has been really frustrating. There are no good opportunities for shorting, and going long is easily crushed. The entire market's liquidity seems to have evaporated; even if you see a promising chart pattern for a certain coin, the whales just dump without giving any reaction time.
Strangely, these whales only hold a few million, so how can they force a dump? Where has the liquidity gone? Seemingly good trading opportunities often turn into traps for being caught. Going long gets you hammered, and shorting is also futile.
Rather than saying this is just market behavior, it's more like a manipulated trap. Traders are stuck in a dilemma—chasing highs easily gets them harvested, and catching bottoms is impossible. This playbook of altcoins is squeezing the survival space for retail and small-scale traders, and if this continues, market activity will only keep declining.